Dynamic Funds Announces Results of Securityholder Meetings on Proposed Fund Mergers

TORONTO, June 13, 2017 /CNW/ - 1832 Asset Management L.P. (the "Manager"), as manager of the Dynamic Funds, today announced that it has received securityholder approval at special meetings held on June 9, 2017 to merge certain mutual funds. 

The following mergers will take effect after the close of business on or about June 16, 2017:

Terminating Fund


Continuing Fund

Dynamic Global Value Class

to merge into

Dynamic Global Value Fund

Dynamic EAFE Value Class

Dynamic Emerging Markets Class

Dynamic Emerging Markets Fund

Dynamic Resource Fund

to merge into

Dynamic Strategic Resource Class

 

The following mergers will take effect after the close of business on or about June 23, 2017:

Terminating Fund


Continuing Fund

Dynamic Power Canadian Growth Class

to merge into

Dynamic Power Canadian Growth Fund

Dynamic Power Dividend Growth Class

Dynamic Strategic Bond Fund

to merge into

Dynamic Canadian Bond Fund

Dynamic Canadian Asset Allocation Class

to merge into

Dynamic Canadian Dividend Fund

Dynamic Power Balanced Class

to merge into

Dynamic Power Balanced Fund

Dynamic Aurion Tactical Balanced Class

Dynamic Strategic Growth Portfolio

to merge into

DynamicEdge Balanced Growth Portfolio

Dynamic Power American Currency Neutral Fund

to merge into

Dynamic Power American Growth Fund

 

The proposal to merge Dynamic Money Market Class into Dynamic Money Market Fund did not receive sufficient securityholder approval and, as a result, this particular merger will not proceed.

About Dynamic Funds
Dynamic Funds is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, investment solutions for private clients, institutional clients and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank. ® Dynamic Funds is a registered trademark of its owner, used under license.

Commissions, trailing commissions, management fees and expenses all may be associated with investments in the funds. Please read the prospectus before investing. Investments in the funds are not guaranteed; their values change frequently and past performance may not be repeated.

SOURCE Dynamic Funds

For further information: For further information, please contact: Customer Relations Centre, 1-800-268-8186, www.dynamic.ca; For media enquiries only: Rick Roth, Global Communications, Scotiabank, Rick.Roth@scotiabank.com


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